Graphite Bio (GRPH) - Net assets

Net assets on the balance sheet as of December 2023 : $0.18 Billion USD

According to Graphite Bio's latest financial reports the company has $0.18 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Graphite Bio - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.18 B	-38.04%
2022-12-31	$$0.29 B	-22.85%
2021-12-31	$$0.38 B	-687.16%
2020-12-31	$-$65.41 Million	2848.96%
2019-12-31	$-$2.22 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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